To provide some historical context, ETF trade volume reached a $9.9 billion peak during the March bull run, according to data from checkonchain. Total trade volume on Nov. 6 reached approximately $76 billion, comprising futures volume of $62 billion, spot volume of $8 billion and ETF trade volume of $6 billion, so ETF trade volume is still a small percentage of the total.
Source: https://www.coindesk.com/markets/2024/11/07/bitcoin-registers-fourth-best-day-of-2024-as-blackrock-etf-posts-record-volume/?utm_medium=referral&utm_source=rss&utm_campaign=headlines